Allied Academies International Conference. Academy for Economics and Economic Education. Proceedings

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A Contingent Valuation Method to Measure Willingness to Pay for Eco-Label Products

This paper will illustrate the findings of primary and secondary research that shows products with eco-labels call for a price-premium over comparable, non-labeled products. The research method used in this study is the contingent valuation method (CVM) which estimates an individual's willingness-to-pay (WTP). Its purpose was to collect information on the attitude, behavior, and perception of consumers to purchase environmentally friendly goods, the reasons why or why not as to purchasing the...

Economic Impact of Base Realignment and Closing On the Fort Bragg Region and the Largest Army Base in the United States

The Base Realignment and Closure (BRAC) initiative is expected to change the landscape of the Fort Bragg Region which encompasses the largest army base in the United States, BRAC will add approximately 40,000 additional people, 8,554 jobs and $625 million in military construction expenditures to the region. This paper provides an analysis of the economic impact of recurring and non-recurring military expenditures on the economy of the Fort Bragg Region, The direct, indirect, and induced effec...

Price Inflation and Gdp Growth-What Matters Most? (Evidence From Egypt and India)

Egypt and India are both emerging developing countries which share some common economic features; their rate of economic growth has approximately the same trend while they both begin series of economic reform process in the same period of time (early 1990's) while passing through high inflation rates. This paper analyses the Indian distinguished high economic growth rates while having higher inflation rates in comparison with Egypt in the period 2000-2010. The paper concludes that India's inf...